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Move fast. Speed is one of your main advantages over large companies.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Large
Advantage
Move
Company
Advantages
Moving
Companies
Main
Speed
Fast

More quotes by Sam Altman

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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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The most important thing is that there is clear reporting structure and everyone knows what it is.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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Most things are not as risky as they seem.
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Obsess about the quality of the product.
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Growth solves (nearly) all problems
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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Employees will only add more value over time.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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If it works out, you're going to be working on this for 10 years.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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One thing that often disrupts momentum and really shouldn't is competitors.
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If you compromise in the first five, ten hires it might kill the company.
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The second part of how to hire: try not to.
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The way to have a company that executes well is you have to execute well yourself.
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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